Quote:
Originally Posted by bakercdb
I'm hoping to ship my BMW F800GSA (air via Motofreight.com) from London to Cairo next month.
Boomerang carnet seems to be the only option for US passport holders/US registered bikes. It looks like the minimum deposit amount is US $5,000.
Does anyone have experience with how low values can be set for Carnet DEPOSIT purposes (it doesn't change the base fee)? I've checked Kelly and NADA, but given my bike is a RTW'er, I don't think that the low end values reflect the harsher life my 2015 F800GSA BMW has led, and the 40k plus miles.
Thanks,
Clark
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Boomerang is indeed now the ONLY option for Canada / USA.
The carnet issuers all go on INVOICE - what you PAID for the bike - OR a "Blue Book Value" or similar depending on your country, so essentially a "fair market value" is all you're going to be able to do at best. You MIGHT be able to get away with a value written down by a dealer who has seen and evaluated the bike's value.
The way to look at it is this - they don't want you to set a value that's too low, as a: they make less money - b: they may have issues on payout if you default, and c: remember they're not dumb, nor particularly on your side.
Hope that helps!
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